Eastern Asia: Cauliflower And Broccoli Market 2024

Cauliflower And Broccoli Market Size in Eastern Asia

The East Asian cauliflower and broccoli market was estimated at $X in 2023, approximately equating the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2017 to 2023, the growth of the market failed to regain momentum.

Cauliflower And Broccoli Production in Eastern Asia

In value terms, cauliflower and broccoli production reached $X in 2023 estimated in export price. The total production indicated a measured expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2023, production growth remained at a lower figure.

China (X tons) constituted the country with the largest volume of cauliflower and broccoli production, accounting for X% of total volume. It was followed by Japan (X tons), with a X% share of total production.

From 2012 to 2023, the average annual growth rate of volume in China was relatively modest.

In 2023, the average yield of cauliflower and broccoli in Eastern Asia dropped modestly to X tons per ha, stabilizing at the previous year's figure. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of yield peaked at X tons per ha in 2012; however, from 2013 to 2023, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the harvested area of cauliflower and broccoli in Eastern Asia was estimated at X ha, remaining constant against the year before. Over the period under review, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the harvested area attained the peak level of X ha. From 2016 to 2023, the growth of the cauliflower and broccoli harvested area failed to regain momentum.

Cauliflower And Broccoli Exports

Exports in Eastern Asia

In 2023, the amount of cauliflower and broccoli exported in Eastern Asia skyrocketed to X tons, picking up by X% compared with the previous year. Overall, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2022 when exports increased by X%. Over the period under review, the exports reached the maximum in 2023 and are expected to retain growth in years to come.

In value terms, cauliflower and broccoli exports rose to $X in 2023. In general, exports saw a prominent increase. The pace of growth appeared the most rapid in 2022 with an increase of X%. The level of export peaked in 2023 and is expected to retain growth in years to come.

Exports by Country

In 2023, China (X tons) was the main exporter of cauliflower and broccoli in Eastern Asia, creating X% of total export.

China was also the fastest-growing in terms of the cauliflower and broccoli exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest cauliflower and broccoli supplier in Eastern Asia.

From 2012 to 2023, the average annual growth rate of value in China stood at X%.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2023, dropping by X% against the previous year. Export price indicated a moderate increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, cauliflower and broccoli export price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2016 an increase of X%. The level of export peaked at $X per ton in 2022, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2023, the rate of growth in terms of prices for China amounted to X% per year.

Cauliflower And Broccoli Imports

Imports in Eastern Asia

In 2023, purchases abroad of cauliflower and broccoli increased by X% to X tons, rising for the fourth year in a row after three years of decline. Total imports indicated perceptible growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2023 and are expected to retain growth in the near future.

In value terms, cauliflower and broccoli imports rose slightly to $X in 2023. Over the period under review, imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by X%. The level of import peaked in 2023 and is likely to see steady growth in the immediate term.

Imports by Country

Hong Kong SAR (X tons) and Taiwan (Chinese) (X tons) represented the major importers of cauliflower and broccoli in 2023, accounting for approx. X% and X% of total imports, respectively. South Korea (X tons) ranks next in terms of the total imports with a X% share, followed by Macao SAR (X%). Japan (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Japan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), Taiwan (Chinese) ($X) and South Korea ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Japan and Macao SAR lagged somewhat behind, together accounting for a further X%.

Japan, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Eastern Asia amounted to $X per ton, stabilizing at the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Macao SAR ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform